Category: News

BlackRock Transfers $271 Million in Bitcoin and Ethereum to Coinbase as ETF Outflows Accelerates

Key highlights: BlackRock transferred over $271 million worth of Bitcoin and Ethereum to Coinbase Prime, sparking speculation of potential selling activity. Spot Bitcoin ETFs have now recorded three consecutive days of net outflows, signaling weakening institutional demand. Bitcoin remains below its key moving averages while active sending addresses continue to surge, pointing to increased on-chain […]